@article{boivin2009sticky,
  title={Sticky prices and monetary policy: Evidence from disaggregated US data},
  author={Boivin, Jean and Giannoni, Marc P and Mihov, Ilian},
  journal={American Economic Review},
  volume={99},
  number={1},
  pages={350--84},
  year={2009}
}

@article{mackowiak2009sectoral,
  title={Sectoral price data and models of price setting},
  author={Ma{\'c}kowiak, Bartosz and Moench, Emanuel and Wiederholt, Mirko},
  journal={Journal of Monetary Economics},
  volume={56},
  pages={S78--S99},
  year={2009},
  publisher={Elsevier}
}

@article{andrade2016global,
  title={Global versus local shocks in micro price dynamics},
  author={Andrade, Philippe and Zachariadis, Marios},
  journal={Journal of International Economics},
  volume={98},
  pages={78--92},
  year={2016},
  publisher={Elsevier}
}

@article{fowlie2012emissions,
  title={What do emissions markets deliver and to whom? Evidence from Southern California's NOx trading program},
  author={Fowlie, Meredith and Holland, Stephen P and Mansur, Erin T},
  journal={American Economic Review},
  volume={102},
  number={2},
  pages={965--93},
  year={2012}
}

@techreport{goldsmith2018bartik,
  title={Bartik instruments: What, when, why, and how},
  author={Goldsmith-Pinkham, Paul and Sorkin, Isaac and Swift, Henry},
  year={2018},
  institution={National Bureau of Economic Research}
}

@article{adao2019shift,
  title={Shift-share designs: Theory and inference},
  author={Adao, Rodrigo and Koles{\'a}r, Michal and Morales, Eduardo},
  journal={The Quarterly Journal of Economics},
  volume={134},
  number={4},
  pages={1949--2010},
  year={2019},
  publisher={Oxford University Press}
}

@techreport{borusyak2018quasi,
  title={Quasi-experimental shift-share research designs},
  author={Borusyak, Kirill and Hull, Peter and Jaravel, Xavier},
  year={2018},
  institution={National Bureau of Economic Research}
}

@techreport{fajgelbaum2019return,
  title={The Return to Protectionism},
  author={Fajgelbaum, Pablo D and Goldberg, Pinelopi K and Kennedy, Patrick J and Khandelwal, Amit K},
  year={2019},
  institution={National Bureau of Economic Research}
}

@techreport{amiti2019impact,
  title={The Impact of the 2018 Trade War on US Prices and Welfare},
  author={Amiti, Mary and Redding, Stephen J and Weinstein, David},
  year={2019},
  institution={National Bureau of Economic Research}
}

@article{pennings2017pass,
  title={Pass-through of competitors' exchange rates to US import and producer prices},
  author={Pennings, Steven},
  journal={Journal of International Economics},
  number={105},
  pages={41--56},
  year={2017}
}


@article{fitzgerald2013pricing,
  title={Pricing-to-market: evidence from plant-level prices},
  author={Fitzgerald, Doireann and Haller, Stefanie},
  journal={Review of Economic Studies},
  volume={81},
  number={2},
  pages={761--786},
  year={2013},
  publisher={Oxford University Press}
}

@article{auer2016market,
  title={Market structure and exchange rate pass-through},
  author={Auer, Raphael A and Schoenle, Raphael S},
  journal={Journal of International Economics},
  volume={98},
  pages={60--77},
  year={2016},
  publisher={Elsevier}
}

@article{de2015understanding,
  title={Understanding markups in the open economy},
  author={De Blas, Beatriz and Russ, Katheryn N},
  journal={American Economic Journal: Macroeconomics},
  volume={7},
  number={2},
  pages={157--80},
  year={2015}
}

@article{atkeson2008pricing,
  title={Pricing-to-market, trade costs, and international relative prices},
  author={Atkeson, Andrew and Burstein, Ariel},
  journal={American Economic Review},
  volume={98},
  number={5},
  pages={1998--2031},
  year={2008}
}

@article{bernard2003plants,
  title={Plants and productivity in international trade},
  author={Bernard, Andrew B and Eaton, Jonathan and Jensen, J Bradford and Kortum, Samuel},
  journal={American Economic Review},
  volume={93},
  number={4},
  pages={1268--1290},
  year={2003}
}

@article{duggan2016benefits,
  title={Who benefits when the government pays more? Pass-through in the Medicare Advantage program},
  author={Duggan, Mark and Starc, Amanda and Vabson, Boris},
  journal={Journal of Public Economics},
  volume={141},
  pages={50--67},
  year={2016},
  publisher={Elsevier}
}

@article{gopinath2008sticky,
  title={Sticky borders},
  author={Gopinath, Gita and Rigobon, Roberto},
  journal={The Quarterly Journal of Economics},
  volume={123},
  number={2},
  pages={531--575},
  year={2008},
  publisher={MIT Press}
}

@article{auer2017international,
  title={International inflation spillovers through input linkages},
  author={Auer, Raphael A and Levchenko, Andrei A and Saur{\'e}, Philip},
  journal={Review of Economics and Statistics},
  number={0},
  year={2017},
  publisher={MIT Press}
}

@article{gopinath_frequency_2010,
	title = {Frequency of {Price} {Adjustment} and {Pass}-{Through}},
	volume = {125},
	issn = {0033-5533},
	url = {https://academic.oup.com/qje/article/125/2/675/1882195},
	doi = {10.1162/qjec.2010.125.2.675},
	abstract = {We empirically document, using U.S. import prices, that on average goods with a high frequency of price adjustment have a long-run pass-through that is at least twice as high as that of low-frequency adjusters. We show theoretically that this relationship should follow because variable mark-ups that reduce longrun pass-through also reduce the curvature of the profit function when expressed as a function of cost shocks, making the firm less willing to adjust its price. We quantitatively evaluate a dynamic menu-cost model and show that the variable mark-up channel can generate significant variation in frequency, equivalent to 37\% of the observed variation in the data. On the other hand, the standard workhorse model with constant elasticity of demand and Calvo or state-dependent pricing has difficulty matching the facts.},
	language = {en},
	number = {2},
	urldate = {2018-01-12},
	journal = {The Quarterly Journal of Economics},
	author = {Gopinath, Gita and Itskhoki, Oleg},
	month = may,
	year = {2010},
	pages = {675--727},
	file = {Full Text PDF:C\:\\Users\\rich_\\Zotero\\storage\\M938LVVZ\\Gopinath and Itskhoki - 2010 - Frequency of Price Adjustment and Pass-Through.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\3V4LNRVX\\1882195.html:text/html}
}

@article{amiti2018much,
  title={How much do idiosyncratic bank shocks affect investment? Evidence from matched bank-firm loan data},
  author={Amiti, Mary and Weinstein, David E},
  journal={Journal of Political Economy},
  volume={126},
  number={2},
  pages={525--587},
  year={2018},
  publisher={University of Chicago Press Chicago, IL}
}

@article{pinkse_spatial_2002,
	title = {Spatial {Price} {Competition}: {A} {Semiparametric} {Approach}},
	volume = {70},
	issn = {1468-0262},
	shorttitle = {Spatial {Price} {Competition}},
	url = {http://onlinelibrary.wiley.com/doi/10.1111/1468-0262.00320/abstract},
	doi = {10.1111/1468-0262.00320},
	abstract = {We investigate the nature of price competition among firms that produce differentiated products and compete in markets that are limited in extent. We propose an instrumental variables series estimator for the matrix of cross price response coefficients, demonstrate that our estimator is consistent, and derive its asymptotic distribution. Our semiparametric approach allows us to discriminate among models of global competition, in which all products compete with all others, and local competition, in which products compete only with their neighbors. We apply our semiparametric estimator to data from U.S. wholesale gasoline markets and find that, in this market, competition is highly localized.},
	language = {en},
	number = {3},
	urldate = {2018-01-12},
	journal = {Econometrica},
	author = {Pinkse, Joris and Slade, Margaret E. and Brett, Craig},
	month = may,
	year = {2002},
	keywords = {differentiated products, instrumental variables, monopolistic competition, nonparametric estimation, price competition, series estimators, spatial models, wholesale gasoline},
	pages = {1111--1153},
	file = {Full Text PDF:C\:\\Users\\rich_\\Zotero\\storage\\BLD2F889\\Pinkse et al. - 2002 - Spatial Price Competition A Semiparametric Approa.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\4RNQLDPL\\abstract.html:text/html}
}

@article{amiti2018international,
  title={International shocks, variable markups, and domestic prices},
  author={Amiti, Mary and Itskhoki, Oleg and Konings, Jozef},
  journal={The Review of Economic Studies},
  year={2019}
}

@article{kucher_spatial_2016,
	title = {Spatial spillovers in {US} wholesale gasoline markets},
	issn = {1435-5957},
	url = {http://onlinelibrary.wiley.com/doi/10.1111/pirs.12270/abstract},
	doi = {10.1111/pirs.12270},
	abstract = {This paper analyses how oil industry-related activities in neighbouring gasoline markets affect local markets. Our contribution consists of applying spatial econometric models to better understand pricing behaviour in US gasoline markets and the spatial phenomena unique to this particular industry. We find that neighbouring state-level gasoline price variation explains a large portion of the variation of in-state (or local) gasoline prices. Consistent with intuition, the empirical results imply that wholesale gasoline prices are positively affected by state and federal-level gasoline content regulations. Further, our results suggest that changes in state-level wholesale gasoline prices respond to both in-state and neighbouring-state inventory levels.},
	language = {en},
	journal = {Papers in Regional Science},
	author = {Kucher, Oleg and Burnett, J. Wesley and Lacombe, Donald},
	month = jan,
	year = {2016},
	keywords = {Gasoline markets, spatial spillovers, US gasoline policies},
	pages = {n/a--n/a},
	file = {Kucher et al_2016_Spatial spillovers in US wholesale gasoline markets.pdf:C\:\\Users\\rich_\\Zotero\\storage\\67AM7QGH\\Kucher et al_2016_Spatial spillovers in US wholesale gasoline markets.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\WBQXURHR\\abstract.html:text/html}
}

@article{doyle_jr._$2.00_2008,
	title = {\$2.00 {Gas}! {Studying} the effects of a gas tax moratorium},
	volume = {92},
	issn = {0047-2727},
	url = {http://www.sciencedirect.com/science/article/pii/S0047272707000928},
	doi = {10.1016/j.jpubeco.2007.05.011},
	abstract = {There are surprisingly few estimates of the effects of sales taxes on retail prices, especially at the firm level. We consider the temporary suspension, and subsequent reinstatement, of the gasoline sales tax in Illinois and Indiana following a price spike in 2000. Earlier laws set the timing of the reinstatements, providing plausibly exogenous changes in the tax rates. Using a unique dataset of daily prices at the gas-station level, 70\% of the tax suspension is passed on to consumers in the form of lower prices, while 80–100\% of the tax reinstatements are passed on to consumers. Some evidence suggests that these short-run pass-through estimates are smaller near the state borders, with the tax reinstatements associated with relatively higher prices up to an hour's drive into neighboring states.},
	urldate = {2017-01-02},
	journal = {Journal of Public Economics},
	author = {Doyle Jr., Joseph J. and Samphantharak, Krislert},
	month = apr,
	year = {2008},
	keywords = {Gasoline, Tax incidence, Spatial competition},
	pages = {869--884},
	file = {Doyle Jr._Samphantharak_2008_\$2.pdf:C\:\\Users\\rich_\\Zotero\\storage\\CWS7W4HE\\Doyle Jr._Samphantharak_2008_\$2.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\EVP7C5ZS\\S0047272707000928.html:text/html}
}

@article{berardi_impact_2016,
	title = {The impact of a soda tax on prices: evidence from {French} micro data},
	volume = {48},
	issn = {0003-6846},
	shorttitle = {The impact of a ‘soda tax’ on prices},
	url = {http://dx.doi.org/10.1080/00036846.2016.1150946},
	doi = {10.1080/00036846.2016.1150946},
	abstract = {Based on an original data set of more than 500,000 non-alcoholic beverage price records, we evaluate the impact on consumer prices of the ‘soda tax’, an excise on drinks with added sugar or sweetener, introduced in France in January 2012. We adopt a difference in differences approach and find that the tax was gradually passed through to the prices of the taxed beverages. After 6 months of its introduction, it was fully shifted to soda prices and almost fully shifted to the prices of fruit drinks, while the pass-through for flavoured waters was incomplete. We also find that the pass-through was heterogeneous across brands and retail groups.},
	number = {41},
	journal = {Applied Economics},
	author = {Berardi, Nicoletta and Sevestre, Patrick and Tepaut, Marine and Vigneron, Alexandre},
	month = sep,
	year = {2016},
	keywords = {Pass-Through, Tax incidence, D40, E31, excise tax, Soda tax},
	pages = {3976--3994},
	file = {Berardi et al_2016_The impact of a ‘soda tax’ on prices.pdf:C\:\\Users\\rich_\\Zotero\\storage\\FREH3SFC\\Berardi et al_2016_The impact of a ‘soda tax’ on prices.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\KUB3736D\\00036846.2016.html:text/html}
}

@article{lade_jaere_2019,
author = {Lade, Gabriel E. and Bushnell, James},
title = {Fuel Subsidy Pass-Through and Market Structure: Evidence from the Renewable Fuel Standard},
journal = {Journal of the Association of Environmental and Resource Economists},
volume = {6},
number = {3},
pages = {563-592},
year = {2019},
doi = {10.1086/702878},
URL = {
        https://doi.org/10.1086/702878

}
}


@techreport{rozema_tax_2017,
	address = {Rochester, NY},
	type = {{SSRN} {Scholarly} {Paper}},
	title = {Tax {Incidence} in a {Vertical} {Supply} {Chain}: {Evidence} from {Cigarette} {Wholesale} {Prices}},
	shorttitle = {Tax {Incidence} in a {Vertical} {Supply} {Chain}},
	url = {https://papers.ssrn.com/abstract=3022786},
	abstract = {I investigate how the burden of consumption taxes not borne by consumers is shared between upstream firms that produce a taxed good and downstream firms that sell the goods. First, I study a simple theoretical model of tax incidence in a vertical supply chain and show that the tax pass through rates to wholesale prices, consumer prices, and posted retail prices serve as a sufficient statistic for the split of the firm share of the tax burden. Second, I use novel data on monthly brand-level cigarette wholesale prices in six states to estimate the tax pass through rate to  wholesale prices, and estimate the tax pass through rates to consumer and posted retail prices from Nielsen Homescan Data. The estimates and the derived incidence formulas suggest that downstream firms that sell cigarettes bear no more than one-third of the firm share of the tax burden.},
	number = {ID 3022786},
	urldate = {2017-09-15},
	institution = {Social Science Research Network},
	author = {Rozema, Kyle},
	month = aug,
	year = {2017},
	keywords = {Tax incidence, Consumption Taxes, Supply Chain},
	file = {Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\TMQH4BXH\\papers.html:text/html}
}

@article{chiou_crossing_2008,
	title = {Crossing the {Line}: {Direct} {Estimation} of {Cross}-{Border} {Cigarette} {Sales} and the {Effect} on {Tax} {Revenue}},
	volume = {8},
	issn = {1935-1682},
	shorttitle = {Crossing the {Line}},
	url = {https://www.degruyter.com/view/j/bejeap.2008.8.1/bejeap.2008.8.1.2027/bejeap.2008.8.1.2027.xml},
	doi = {10.2202/1935-1682.2027},
	abstract = {Differences in excise taxes across jurisdictions create incentives for consumers to cross the border and to purchase in lower-tax jurisdictions. This paper introduces a discrete choice model to examine tax avoidance and state border crossing in the market for cigarettes. We exploit a rich dataset of consumer location choices and demographics to estimate a consumer's tradeoff between distance and price when choosing a location to maximize utility. Using the estimates from our location and demand models, we reconsider a recent public policy issue among states and simulate tax avoidance under alternative cigarette excise tax levels.},
	number = {1},
	journal = {The B.E. Journal of Economic Analysis \& Policy},
	author = {Chiou, Lesley and Muehlegger, Erich},
	year = {2008},
	keywords = {cross border sales, state cigarette taxation, tax avoidance},
	file = {Chiou_Muehlegger_2008_Crossing the Line.pdf:C\:\\Users\\rich_\\Zotero\\storage\\DMVZ8B2K\\Chiou_Muehlegger_2008_Crossing the Line.pdf:application/pdf}
}

@article{harding_heterogeneous_2012,
	title = {The {Heterogeneous} {Geographic} and {Socioeconomic} {Incidence} of {Cigarette} {Taxes}: {Evidence} from {Nielsen} {Homescan} {Data}},
	volume = {4},
	issn = {1945-7731},
	shorttitle = {The {Heterogeneous} {Geographic} and {Socioeconomic} {Incidence} of {Cigarette} {Taxes}},
	url = {http://www.jstor.org.proxy.bc.edu/stable/23358249},
	doi = {10.2307/23358249},
	abstract = {We use Nielsen Homescan data to examine who bears the economic burden of cigarette taxes. We find cigarette taxes are less than fully passed through to consumer prices, suggesting consumers and producers split the excess burden of these taxes. Using information on consumer location, we show the availability of lower-tax goods across state borders creates significant differences in the pass-through rate. Tax avoidance opportunities also have a sizable effect on purchasing behavior by altering consumer search, prices paid and quantities purchased. Finally, we demonstrate that the incidence of cigarette taxes and the border effect varies by household income and education.},
	number = {4},
	journal = {American Economic Journal: Economic Policy},
	author = {Harding, Matthew and Leibtag, Ephraim and Lovenheim, Michael F.},
	year = {2012},
	pages = {169--198},
	file = {Harding et al_2012_The Heterogeneous Geographic and Socioeconomic Incidence of Cigarette Taxes.pdf:C\:\\Users\\rich_\\Zotero\\storage\\RDFM8HT7\\Harding et al_2012_The Heterogeneous Geographic and Socioeconomic Incidence of Cigarette Taxes.pdf:application/pdf}
}

@techreport{atkin_whos_2015,
	type = {Working {Paper}},
	title = {Who's {Getting} {Globalized}? {The} {Size} and {Implications} of {Intra}-national {Trade} {Costs}},
	shorttitle = {Who's {Getting} {Globalized}?},
	url = {http://www.nber.org/papers/w21439},
	abstract = {How large are the intra-national trade costs that separate consumers in remote locations of developing countries from global markets? What do those barriers imply for the intra-national incidence of the gains from falling international trade barriers? We develop a new methodology for answering these questions and apply it to newly collected CPI micro-data from Ethiopia and Nigeria (as well as to the US). In order to overcome three well-known challenges that arise when using price gaps to estimate trade costs, we: (i) work exclusively with a sample of goods that are identified at the barcode-level (to mitigate bias due to unobserved quality differences over space); (ii) collect novel data on the origin location of each product in our sample (to focus only on the pairs of locations that actually identify trade costs); and (iii) use estimates of cost pass-through to correct for mark-ups that potentially vary over space (to extract trade costs from price variation in an environment with potentially oligopolistic intermediaries). Without these corrections, we find that our estimates of the cost of distance would be biased downwards by a factor of approximately four. Our preferred estimates imply that the effect of log distance on trade costs within Ethiopia or Nigeria is four to five times larger than in the US. We also use our pass-through estimates to calculate the incidence of surplus increases due to falling world prices. We find that intermediaries capture the majority of the surplus, and that their share is even higher in distant locations, suggesting that remote consumers see only a small part of the gains from falling international trade barriers.},
	number = {21439},
	institution = {National Bureau of Economic Research},
	author = {Atkin, David and Donaldson, Dave},
	month = jul,
	year = {2015},
	note = {DOI: 10.3386/w21439},
	file = {Atkin_Donaldson_2015_Who's Getting Globalized.pdf:C\:\\Users\\rich_\\Zotero\\storage\\7WR46BKT\\Atkin_Donaldson_2015_Who's Getting Globalized.pdf:application/pdf}
}

@unpublished{stolper_who_2016,
	title = {Who {Bears} the {Burden} of {Energy} {Taxes}? {The} {Role} of {Local} {Pass}-{Through}},
	url = {http://sstolper.mit.edu/sites/default/files/images/Stolper_2016_PassThroughWealth.pdf},
	urldate = {2017-09-14},
	author = {Stolper, Samuel},
	month = oct,
	year = {2016},
	file = {Stolper_2016_Who Bears the Burden of Energy Taxes.pdf:C\:\\Users\\rich_\\Zotero\\storage\\378QT8XW\\Stolper_2016_Who Bears the Burden of Energy Taxes.pdf:application/pdf}
}

@article{miller_pass-through_2017,
	title = {Pass-through in a concentrated industry: empirical evidence and regulatory implications},
	volume = {48},
	issn = {1756-2171},
	shorttitle = {Pass-through in a concentrated industry},
	url = {http://onlinelibrary.wiley.com/doi/10.1111/1756-2171.12168/abstract},
	doi = {10.1111/1756-2171.12168},
	abstract = {We estimate pass-through with 30 years of data from the portland cement industry. Robust econometric evidence supports that fuel cost changes are more than fully transmitted downstream in the form of price changes. This validates an implicit pass-through assumption made in recent academic research and regulatory analyses. We combine the econometric results with estimates of competitive conduct obtained from the literature to evaluate the incidence of market-based CO2 regulation. Producers bear roughly 11\% of the regulatory burden and could be compensated with 16\% of the revenues obtained.},
	language = {en},
	number = {1},
	journal = {The RAND Journal of Economics},
	author = {Miller, Nathan H. and Osborne, Matthew and Sheu, Gloria},
	month = mar,
	year = {2017},
	pages = {69--93},
	file = {Miller et al_2017_Pass-through in a concentrated industry.pdf:C\:\\Users\\rich_\\Zotero\\storage\\P544QKAU\\Miller et al_2017_Pass-through in a concentrated industry.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\ZDJXXHJF\\abstract.html:text/html}
}

@article{chetty_sufficient_2009,
	title = {Sufficient {Statistics} for {Welfare} {Analysis}: {A} {Bridge} {Between} {Structural} and {Reduced}-{Form} {Methods}},
	volume = {1},
	shorttitle = {Sufficient {Statistics} for {Welfare} {Analysis}},
	url = {https://doi.org/10.1146/annurev.economics.050708.142910},
	doi = {10.1146/annurev.economics.050708.142910},
	abstract = {The debate between structural and reduced-form approaches has generated substantial controversy in applied economics. This article reviews a recent literature in public economics that combines the advantages of reduced-form strategies—transparent and credible identification—with an important advantage of structural models—the ability to make predictions about counterfactual outcomes and welfare. This literature has developed formulas for the welfare consequences of various policies that are functions of reduced-form elasticities rather than structural primitives. I present a general framework that shows how many policy questions can be answered by estimating a small set of sufficient statistics using program-evaluation methods. I use this framework to synthesize the modern literature on taxation, social insurance, and behavioral welfare economics. Finally, I discuss problems in macroeconomics, labor, development, and industrial organization that could be tackled using the sufficient statistic approach.},
	number = {1},
	journal = {Annual Review of Economics},
	author = {Chetty, Raj},
	year = {2009},
	pages = {451--488},
	file = {Chetty_2009_Sufficient Statistics for Welfare Analysis.pdf:C\:\\Users\\rich_\\Zotero\\storage\\EDJNE249\\Chetty_2009_Sufficient Statistics for Welfare Analysis.pdf:application/pdf}
}

@article{marion_fuel_2011,
	series = {Special {Issue}: {The} {Role} of {Firms} in {Tax} {Systems}},
	title = {Fuel tax incidence and supply conditions},
	volume = {95},
	issn = {0047-2727},
	url = {http://www.sciencedirect.com/science/article/pii/S0047272711000545},
	doi = {10.1016/j.jpubeco.2011.04.003},
	abstract = {The incidence of taxes on consumers and producers plays a central role in evaluating energy tax policy, yet the literature testing the main predictions of the tax incidence model is sparse. In this paper, we examine the pass-through rate of state gasoline and diesel taxes to retail prices, and importantly we estimate the dependence of pass-through on factors constraining the gasoline and diesel supply chains. We consider several factors that alter the elasticity of supply, including within state heterogeneity in gasoline content requirements, refinery capacity utilization, inventory constraints, and variation in the demand for untaxed uses of diesel. In general, we find that in periods of time when the supply chain is constrained, and the constraint is plausibly unrelated to shifts in demand, the pass-through rate of fuel taxes declines. We describe several potential implications for tax policy, including tax breaks during peak driving season and during times of supply disruptions such as after major hurricanes.},
	number = {9},
	journal = {Journal of Public Economics},
	author = {Marion, Justin and Muehlegger, Erich},
	month = oct,
	year = {2011},
	keywords = {Gasoline, Fuel supply, Tax incidence},
	pages = {1202--1212},
	file = {Marion_Muehlegger_2011_Fuel tax incidence and supply conditions.pdf:C\:\\Users\\rich_\\Zotero\\storage\\SK6FH5UA\\Marion_Muehlegger_2011_Fuel tax incidence and supply conditions.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\99PZB64N\\S0047272711000545.html:text/html}
}

@article{borenstein_gasoline_1997,
	title = {Do {Gasoline} {Prices} {Respond} {Asymmetrically} to {Crude} {Oil} {Price} {Changes}?},
	volume = {112},
	issn = {0033-5533},
	url = {https://academic.oup.com/qje/article/112/1/305/1870906/Do-Gasoline-Prices-Respond-Asymmetrically-to-Crude},
	doi = {10.1162/003355397555118},
	abstract = {We test and confirm that retail gasoline prices respond more quickly to increases than to decreases in crude oil prices. Among the possible sources of this asymmetry are production/inventory adjustment lags and market power of some sellers. By analyzing price transmission at different points in the distribution chain, we attempt to shed light on these theories. Spot prices for generic gasoline show asymmetry in responding to crude oil price changes, which may reflect inventory adjustment effects. Asymmetry also appears in the response of retail prices to wholesale price changes, possibly indicating short-run market power among retailers.},
	number = {1},
	urldate = {2017-09-13},
	journal = {The Quarterly Journal of Economics},
	author = {Borenstein, Severin and Cameron, A. Colin and Gilbert, Richard},
	month = feb,
	year = {1997},
	pages = {305--339},
	file = {Borenstein et al_1997_Do Gasoline Prices Respond Asymmetrically to Crude Oil Price Changes.pdf:C\:\\Users\\rich_\\Zotero\\storage\\7DHBSE8B\\Borenstein et al_1997_Do Gasoline Prices Respond Asymmetrically to Crude Oil Price Changes.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\REWAK5P2\\Do-Gasoline-Prices-Respond-Asymmetrically-to-Crude.html:text/html}
}

@article{bacon_rockets_1991,
	title = {Rockets and feathers: the asymmetric speed of adjustment of {UK} retail gasoline prices to cost changes},
	volume = {13},
	issn = {0140-9883},
	shorttitle = {Rockets and feathers},
	url = {http://www.sciencedirect.com/science/article/pii/014098839190022R},
	doi = {10.1016/0140-9883(91)90022-R},
	abstract = {The paper develops a quadratic quantity adjustment model to test the hypothesis put forward in the recent Monopolies and Mergers Commission Report, that the speed of adjustment of UK retail gasoline prices to cost changes is more rapid when costs rise than when they fall, and that the adjustment path is more concentrated around the mean value on the upswing. Using data from 1982 to 1989 evidence of faster and more concentrated responses to cost increases were found.},
	number = {3},
	journal = {Energy Economics},
	author = {Bacon, Robert W.},
	month = jul,
	year = {1991},
	keywords = {Gasoline prices, Asymmetric adjustment, Speed of adjustment},
	pages = {211--218},
	file = {Bacon_1991_Rockets and feathers.pdf:C\:\\Users\\rich_\\Zotero\\storage\\UKURKDEN\\Bacon_1991_Rockets and feathers.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\784UUV23\\014098839190022R.html:text/html}
}

@article{fevrier_idiosyncratic_2004,
	title = {Idiosyncratic shocks in an asymmetric {Cournot} oligopoly},
	volume = {22},
	issn = {0167-7187},
	url = {http://www.sciencedirect.com/science/article/pii/S0167718704000566},
	doi = {10.1016/j.ijindorg.2004.04.002},
	abstract = {Several authors have studied the impact of a marginal cost variation in the Cournot model on consumers' surplus, firms' profits and social welfare. We unify and extend the results when all marginal costs change simultaneously. Hence, we bring together two strands of literature, respectively, on mean-preserving and subgroup common shocks. The effect of any shock is decomposed into two parts: an average impact (AI) and a heterogeneity effect (HE). The former improves welfare if the inverse demand function is concave enough and the market is concentrated enough, the latter when the diffusion of the shock is negatively correlated with the market share distribution. Finally, we apply our decomposition to various special cases.},
	number = {6},
	urldate = {2016-12-27},
	journal = {International Journal of Industrial Organization},
	author = {Fevrier, Philippe and Linnemer, Laurent},
	month = jun,
	year = {2004},
	keywords = {Cournot, Welfare, Asymmetric costs, Industry shock},
	pages = {835--848},
	file = {Février_Linnemer_2004_Idiosyncratic shocks in an asymmetric Cournot oligopoly.pdf:C\:\\Users\\rich_\\Zotero\\storage\\9TU7KJIA\\Février_Linnemer_2004_Idiosyncratic shocks in an asymmetric Cournot oligopoly.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\N2W5SGB7\\S0167718704000566.html:text/html}
}

@article{sullivan_testing_1985,
	title = {Testing {Hypotheses} about {Firm} {Behavior} in the {Cigarette} {Industry}},
	volume = {93},
	issn = {0022-3808},
	url = {http://www.journals.uchicago.edu.proxy.bc.edu/doi/abs/10.1086/261317},
	doi = {10.1086/261317},
	number = {3},
	urldate = {2017-02-08},
	journal = {Journal of Political Economy},
	author = {Sullivan, Daniel},
	month = jun,
	year = {1985},
	pages = {586--598},
	file = {Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\37PPI68V\\261317.html:text/html;Sullivan_1985_Testing Hypotheses about Firm Behavior in the Cigarette Industry.pdf:C\:\\Users\\rich_\\Zotero\\storage\\7QNU54M9\\Sullivan_1985_Testing Hypotheses about Firm Behavior in the Cigarette Industry.pdf:application/pdf}
}

@article{bulow_note_1983,
	title = {A {Note} on the {Effect} of {Cost} {Changes} on {Prices}},
	volume = {91},
	copyright = {Copyright © 1983 The University of Chicago Press},
	issn = {0022-3808},
	url = {http://www.jstor.org/stable/1840437},
	number = {1},
	urldate = {2015-09-14},
	journal = {Journal of Political Economy},
	author = {Bulow, Jeremy I. and Pfleiderer, Paul},
	month = feb,
	year = {1983},
	pages = {182--185},
	file = {Bulow_Pfleiderer_1983_A Note on the Effect of Cost Changes on Prices.pdf:C\:\\Users\\rich_\\Zotero\\storage\\ISZWMM9X\\Bulow_Pfleiderer_1983_A Note on the Effect of Cost Changes on Prices.pdf:application/pdf}
}

@unpublished{ganapati_incidence_2017,
	title = {The {Incidence} of {Carbon} {Taxes} in {U}.{S}. {Manufacturing}: {Lessons} from {Energy} {Cost} {Pass}-{Through}},
	url = {http://www.econ.yale.edu/~js2755/Ganapati_Shapiro_Walker.pdf},
	author = {Ganapati, Sharat and Shapiro, Joseph S. and Walker, Reed},
	month = apr,
	year = {2017},
	file = {Ganapati et al_2017_The Incidence of Carbon Taxes in U.pdf:C\:\\Users\\rich_\\Zotero\\storage\\9MESJ696\\Ganapati et al_2017_The Incidence of Carbon Taxes in U.pdf:application/pdf}
}

@article{genesove_testing_1998,
	title = {Testing {Static} {Oligopoly} {Models}: {Conduct} and {Cost} in the {Sugar} {Industry}, 1890-1914},
	volume = {29},
	issn = {0741-6261},
	shorttitle = {Testing {Static} {Oligopoly} {Models}},
	url = {http://www.jstor.org.proxy.bc.edu/stable/2555893},
	doi = {10.2307/2555893},
	abstract = {We explore the widespread methodology of using demand information to infer market conduct and unobserved cost components under the hypothesis of static oligopoly behavior. Direct measures of marginal cost and conduct, indicating small market power, serve as benchmarks. The more competitive models yield better cost estimates. The best cost estimates occur when conduct is estimated as a free parameter, which in turn only slightly underestimates our direct measure. It also tracks the decline in market power accompanying the industry's structural changes. The methodology is largely validated, although partial cost information can improve its predictive power. Conclusions are robust to the demand function.},
	number = {2},
	urldate = {2017-05-09},
	journal = {The RAND Journal of Economics},
	author = {Genesove, David and Mullin, Wallace P.},
	year = {1998},
	pages = {355--377},
	file = {Genesove_Mullin_1998_Testing Static Oligopoly Models.pdf:C\:\\Users\\rich_\\Zotero\\storage\\6UC98UKW\\Genesove_Mullin_1998_Testing Static Oligopoly Models.pdf:application/pdf}
}

@techreport{knittel_pass-through_2015,
	type = {Working {Paper}},
	title = {The {Pass}-{Through} of {RIN} {Prices} to {Wholesale} and {Retail} {Fuels} under the {Renewable} {Fuel} {Standard}},
	url = {http://www.nber.org/papers/w21343},
	abstract = {The U.S. Renewable Fuel Standard (RFS) requires blending increasing quantities of biofuels into the U.S. surface vehicle fuel supply. In 2013, the fraction of ethanol in the gasoline pool effectively reached 10\%, the ethanol capacity of the dominant U.S. gasoline blend (the “E10 blend wall”). During 2013-2015, the price of RINs—tradeable electronic certificates for complying with the RFS—fluctuated through a wide range, largely because of changes in actual and expected policy combined with learning about the implications of the E10 blend wall. RINs are sold by biofuels producers and purchased by obligated parties (refiners and importers), who must retire RINs in proportion to the petroleum they sell for surface transportation. As a result, RINs in effect serve as a charge on obligated fuels and a corrective subsidy for lower-carbon renewable fuels, and are neutral for fuels outside the RFS. In theory, RIN prices provide incentives to consumers to use fuels with a high renewable content and to biofuels producers to produce those fuels, and as such are a key mechanism of the RFS. This paper examines the extent to which RIN prices are passed through to the price of obligated fuels, and provides econometric results that complement the graphical analysis in Burkholder (2015). We analyze daily data on RINs and fuel prices from January 1, 2013 through March 10, 2015. When we examine wholesale prices on comparable obligated and non-obligated fuels, for example the spread between diesel and jet fuel in the U.S. Gulf, we find that that roughly one-half to three-fourths of a change in RIN prices is passed through to obligated fuels in the same day as the RIN price movement, and this fraction rises over the subsequent few business days. Using six different wholesale spreads between obligated and non-obligated fuels, we estimate a pooled long-run pass-through coefficient of 1.01 with a standard error of 0.12. We also examine the transmission of RIN prices to retail fuel prices. The net RIN obligation on E10 is essentially zero over this period, and indeed we find no statistical evidence linking changes in RIN prices to changes in E10 prices. We also examine the price of E85 which, with an estimated average of 74\% ethanol, generates more RINs than it obligates and thus in principle receives a large RIN subsidy. In contrast to the foregoing results, which are consistent with theory, the pass-through of RIN prices to the E85-E10 spread is precisely estimated to be zero if one adjusts for seasonality (as we argue should be done), or if not, is at most 30\%. Over this period, on average high RIN prices did not translate into discounted prices for E85.},
	number = {21343},
	urldate = {2017-04-05},
	institution = {National Bureau of Economic Research},
	author = {Knittel, Christopher R. and Meiselman, Ben S. and Stock, James H.},
	month = jul,
	year = {2015},
	note = {DOI: 10.3386/w21343},
	file = {Knittel et al_2015_The Pass-Through of RIN Prices to Wholesale and Retail Fuels under the.pdf:C\:\\Users\\rich_\\Zotero\\storage\\8XBDFIUF\\Knittel et al_2015_The Pass-Through of RIN Prices to Wholesale and Retail Fuels under the.pdf:application/pdf}
}

@article{nakamura_accounting_2010,
	title = {Accounting for {Incomplete} {Pass}-{Through}},
	volume = {77},
	issn = {0034-6527},
	url = {https://academic-oup-com.proxy.bc.edu/restud/article/77/3/1192/1571044/Accounting-for-Incomplete-Pass-Through},
	doi = {10.1111/j.1467-937X.2009.589.x},
	number = {3},
	urldate = {2017-03-27},
	journal = {The Review of Economic Studies},
	author = {Nakamura, Emi and Zerom, Dawit},
	month = jul,
	year = {2010},
	pages = {1192--1230},
	file = {Nakamura_Zerom_2010_Accounting for Incomplete Pass-Through.pdf:C\:\\Users\\rich_\\Zotero\\storage\\B7RFIFXH\\Nakamura_Zerom_2010_Accounting for Incomplete Pass-Through.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\WGH5JFDP\\Accounting-for-Incomplete-Pass-Through.html:text/html}
}

@techreport{bartik_who_1991,
	type = {Books from {Upjohn} {Press}},
	title = {Who {Benefits} from {State} and {Local} {Economic} {Development} {Policies}?},
	url = {https://ideas.repec.org/b/upj/ubooks/wbsle.html},
	abstract = {Bartik reviews evidence on whether state and local policies affect job growth. He then presents empirical data supporting the intentions of such programs, showing that job growth may lead to a number of positive long-term effects including: lower unemployment, higher labor force participation, higher real estate values, and better occupational opportunities. He also shows that the earnings gains to disadvantaged groups outweigh the resulting increased real estate values for property owners, and concludes by saying that regional competition for jobs may actually be a benefit for the nation as a whole.},
	urldate = {2017-03-24},
	institution = {W.E. Upjohn Institute for Employment Research},
	author = {Bartik, Timothy J.},
	year = {1991},
	keywords = {economic development, firm location, firm relocation, job growth, local, regional, regional economic development, subsidies, tax credits},
	file = {Bartik_1991_Who Benefits from State and Local Economic Development Policies.pdf:C\:\\Users\\rich_\\Zotero\\storage\\S2I9TIHC\\Bartik_1991_Who Benefits from State and Local Economic Development Policies.pdf:application/pdf;RePEc Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\CUFU9ZST\\wbsle.html:text/html}
}

@techreport{ritz_simple_2015,
	type = {Cambridge {Working} {Papers} in {Economics}},
	title = {The {Simple} {Economics} of {Asymmetric} {Cost} {Pass}-{Through}},
	url = {https://ideas.repec.org/p/cam/camdae/1515.html},
	abstract = {In response to cost changes, prices often rise more strongly or quickly than they fall. This phenomenon has attracted attention from economists, policy makers, and the general public for decades. Many assert that it cannot be explained by standard economic theory, and is evidence for "anti-competative" behaviour by firms. This paper argues against this conventional wisdom; it shows that simple price theory can, in principle, account for such asymmetric pass-through - even with perfect competition. From a policy perspective, knowledge of cost pass-through patterns in a market does not allow for strong inferences on the intensity of competition.},
	number = {1515},
	urldate = {2017-02-01},
	institution = {Faculty of Economics, University of Cambridge},
	author = {Ritz, Robert A.},
	year = {2015},
	keywords = {cost pass-through, Asymmetric price transmission, electricity markets, price theory, rockets and feathers},
	file = {RePEc Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\V27CU59V\\1515.html:text/html;Ritz_2015_The Simple Economics of Asymmetric Cost Pass-Through.pdf:C\:\\Users\\rich_\\Zotero\\storage\\CBD6KH8N\\Ritz_2015_The Simple Economics of Asymmetric Cost Pass-Through.pdf:application/pdf}
}

@article{zimmerman_critical_2012,
	title = {Critical import supply elasticities and the "imports-as-market-discipline" hypothesis},
	volume = {84},
	issn = {0167-2681},
	url = {http://www.sciencedirect.com/science/article/pii/S0167268112000741},
	doi = {10.1016/j.jebo.2012.04.004},
	abstract = {This paper formally examines the factors underlying how responsive imports must be to domestic prices (the ‘import supply elasticity’) in order to thwart an anticompetitive domestic price increase stemming from a merger – an issue that frequently arises in many antitrust reviews. Domestic firms face a fringe comprised of foreign firms who import their products into the domestic market. In the eyes of domestic consumers, these imports are viewed as imperfect substitutes in demand to the output produced by the domestic firms. The model is solved in terms of the ‘critical’ import supply elasticity that can then be used evaluate the ability of imports to constrain an anticompetitive price increase post-merger. Numerical simulations are conducted to consider the magnitude of perturbations in the model's exogenous parameters. Potential empirical extensions of the model are also considered.},
	number = {1},
	urldate = {2016-12-27},
	journal = {Journal of Economic Behavior \& Organization},
	author = {Zimmerman, Paul R. and Carlson, Julie A.},
	month = sep,
	year = {2012},
	keywords = {Competitive effects, Critical loss, Import supply elasticity, Market definition},
	pages = {345--354},
	file = {ScienceDirect Full Text PDF:C\:\\Users\\rich_\\Zotero\\storage\\2CV3UUDU\\Zimmerman and Carlson - 2012 - Critical import supply elasticities and the ‘impor.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\KZJB47U4\\S0167268112000741.html:text/html}
}

@article{chetty_sufficient_2009-1,
	title = {Sufficient {Statistics} for {Welfare} {Analysis}: {A} {Bridge} {Between} {Structural} and {Reduced}-{Form} {Methods}},
	volume = {1},
	shorttitle = {Sufficient {Statistics} for {Welfare} {Analysis}},
	url = {http://dx.doi.org/10.1146/annurev.economics.050708.142910},
	doi = {10.1146/annurev.economics.050708.142910},
	abstract = {The debate between structural and reduced-form approaches has generated substantial controversy in applied economics. This article reviews a recent literature in public economics that combines the advantages of reduced-form strategies—transparent and credible identification—with an important advantage of structural models—the ability to make predictions about counterfactual outcomes and welfare. This literature has developed formulas for the welfare consequences of various policies that are functions of reduced-form elasticities rather than structural primitives. I present a general framework that shows how many policy questions can be answered by estimating a small set of sufficient statistics using program-evaluation methods. I use this framework to synthesize the modern literature on taxation, social insurance, and behavioral welfare economics. Finally, I discuss problems in macroeconomics, labor, development, and industrial organization that could be tackled using the sufficient statistic approach.},
	number = {1},
	urldate = {2017-01-05},
	journal = {Annual Review of Economics},
	author = {Chetty, Raj},
	year = {2009},
	keywords = {program evaluation, treatment effects, Taxation, public economics, social insurance},
	pages = {451--488},
	file = {Chetty_2009_Sufficient Statistics for Welfare Analysis.pdf:C\:\\Users\\rich_\\Zotero\\storage\\QAMX2533\\Chetty_2009_Sufficient Statistics for Welfare Analysis.pdf:application/pdf}
}

@article{bulow_note_1983-1,
	title = {A {Note} on the {Effect} of {Cost} {Changes} on {Prices}},
	volume = {91},
	copyright = {Copyright © 1983 The University of Chicago Press},
	issn = {0022-3808},
	url = {http://www.jstor.org/stable/1840437},
	number = {1},
	urldate = {2015-09-14},
	journal = {Journal of Political Economy},
	author = {Bulow, Jeremy I. and Pfleiderer, Paul},
	month = feb,
	year = {1983},
	pages = {182--185},
	file = {Bulow_Pfleiderer_1983_A Note on the Effect of Cost Changes on Prices.pdf:C\:\\Users\\rich_\\Zotero\\storage\\63IPCWHQ\\Bulow_Pfleiderer_1983_A Note on the Effect of Cost Changes on Prices.pdf:application/pdf}
}

@article{miller_using_2013,
	title = {Using cost pass-through to calibrate demand},
	volume = {118},
	issn = {0165-1765},
	url = {http://www.sciencedirect.com/science/article/pii/S016517651200657X},
	doi = {10.1016/j.econlet.2012.12.021},
	abstract = {We demonstrate that cost pass-through can be used to inform demand calibration, potentially eliminating the need for data on margins, diversion, or both. We derive the relationship between cost pass-through and consumer demand using a general oligopoly model of Nash–Bertrand competition and develop specific results for four demand systems: linear demand, logit demand, log-linear demand and the Almost Ideal Demand System (AIDS). The methods we propose may be useful to researchers and antitrust authorities when reliable measures of margins or diversion are unavailable. We also develop that cost pass-through can help illuminate the suitability of some demand systems to specific economic applications.},
	number = {3},
	urldate = {2016-10-31},
	journal = {Economics Letters},
	author = {Miller, Nathan H. and Remer, Marc and Sheu, Gloria},
	month = mar,
	year = {2013},
	keywords = {cost pass-through, Demand calibration, Merger simulation},
	pages = {451--454},
	file = {Miller et al_2013_Using cost pass-through to calibrate demand.pdf:C\:\\Users\\rich_\\Zotero\\storage\\NE68NG27\\Miller et al_2013_Using cost pass-through to calibrate demand.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\Q6JZBD7A\\S016517651200657X.html:text/html}
}

@article{weyl_pass-through_2013,
	title = {Pass-{Through} as an {Economic} {Tool}: {Principles} of {Incidence} under {Imperfect} {Competition}},
	volume = {121},
	issn = {0022-3808},
	shorttitle = {Pass-{Through} as an {Economic} {Tool}},
	url = {http://www.journals.uchicago.edu.proxy.bc.edu/doi/abs/10.1086/670401},
	doi = {10.1086/670401},
	abstract = {We extend five principles of tax incidence under perfect competition to a general model of imperfect competition. The principles cover (1) the independence of physical and economic incidence, the (2) qualitative and (3) quantitative manner in which taxes are split between consumers and producers, (4) the determinants of tax pass-through, and (5) the integration of local incidence to determine the overall division of surplus. We show how these principles can be used to simplify and generalize the analysis of a range of economic questions such as the optimal procurement of new markets and the welfare effects of third-degree price discrimination.},
	number = {3},
	urldate = {2016-10-31},
	journal = {Journal of Political Economy},
	author = {Weyl, E. Glen and Fabinger, Michal},
	month = jun,
	year = {2013},
	pages = {528--583},
	file = {Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\PAEDQ2MA\\670401.html:text/html;Weyl_Fabinger_2013_Pass-Through as an Economic Tool.pdf:C\:\\Users\\rich_\\Zotero\\storage\\QTW38PUX\\Weyl_Fabinger_2013_Pass-Through as an Economic Tool.pdf:application/pdf}
}

@article{fabra_pass-through_2014,
	title = {Pass-{Through} of {Emissions} {Costs} in {Electricity} {Markets}},
	volume = {104},
	issn = {0002-8282},
	url = {https://www.aeaweb.org/articles?id=10.1257/aer.104.9.2872},
	doi = {10.1257/aer.104.9.2872},
	abstract = {We measure the pass-through of emissions costs to electricity prices. We perform both reduced-form and structural estimations based on optimal bidding in this market. Using rich micro-level data, we estimate the channels affecting pass-through in a flexible manner, with minimal functional form assumptions. Contrary to many studies in the general pass-through literature, we find that emissions costs are almost fully passed-through to electricity prices. Since electricity is traded through high-frequency auctions for highly inelastic demand, firms have weak incentives to adjust markups after the cost shock. Furthermore, the costs of price adjustment are small.},
	number = {9},
	urldate = {2016-10-31},
	journal = {American Economic Review},
	author = {Fabra, Natalia and Reguant, Mar},
	month = sep,
	year = {2014},
	pages = {2872--2899},
	file = {Fabra_Reguant_2014_Pass-Through of Emissions Costs in Electricity Markets.pdf:C\:\\Users\\rich_\\Zotero\\storage\\3EDTDQDJ\\Fabra_Reguant_2014_Pass-Through of Emissions Costs in Electricity Markets.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\NSTF894M\\articles.html:text/html}
}

@misc{noauthor_cost_nodate,
	title = {Cost pass-through: theory, measurement and policy implications - {Publications} - {GOV}.{UK}},
	shorttitle = {Cost pass-through},
	url = {https://www.gov.uk/government/publications/cost-pass-through-theory-measurement-and-policy-implications},
	abstract = {A literature review on cost pass-through by RBB Economics commissioned by the Office of Fair Trading.},
	urldate = {2016-10-26},
	file = {Cost pass-through.pdf:C\:\\Users\\rich_\\Zotero\\storage\\JVMFI6B8\\Cost pass-through.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\7BVVBCJ5\\cost-pass-through-theory-measurement-and-policy-implications.html:text/html}
}

@article{bulow_multimarket_1985,
	title = {Multimarket {Oligopoly}: {Strategic} {Substitutes} and {Complements}},
	volume = {93},
	issn = {0022-3808},
	shorttitle = {Multimarket {Oligopoly}},
	url = {http://www.jstor.org.proxy.bc.edu/stable/1832005},
	number = {3},
	urldate = {2016-07-07},
	journal = {Journal of Political Economy},
	author = {Bulow, Jeremy I. and Geanakoplos, John D. and Klemperer, Paul D.},
	year = {1985},
	pages = {488--511},
	file = {Bulow et al_1985_Multimarket Oligopoly.pdf:C\:\\Users\\rich_\\Zotero\\storage\\NJUBKBFR\\Bulow et al_1985_Multimarket Oligopoly.pdf:application/pdf}
}

@article{miller_spatial_2014,
	title = {Spatial differentiation and price discrimination in the cement industry: evidence from a structural model},
	volume = {45},
	copyright = {Copyright © 2014, RAND.},
	issn = {1756-2171},
	shorttitle = {Spatial differentiation and price discrimination in the cement industry},
	url = {http://onlinelibrary.wiley.com.proxy.bc.edu/doi/10.1111/1756-2171.12049/abstract},
	doi = {10.1111/1756-2171.12049},
	abstract = {We estimate a structural model of the cement industry that incorporates spatial differentiation and price discrimination, focusing on the US Southwest over 1983–2003. We leverage the structure of the model to obtain consistent estimates of the underlying parameters using data on market outcomes that are substantially aggregated. Our results indicate that transportation costs around \$0.46 per tonne-mile rationalize the data. This friction enables relatively isolated plants to obtain higher prices from nearby customers. We further find that disallowing price discrimination would create \$30 million in consumer surplus annually and show how the model can identify suitable divestitures in merger analysis.},
	language = {en},
	number = {2},
	urldate = {2016-07-07},
	journal = {The RAND Journal of Economics},
	author = {Miller, Nathan H. and Osborne, Matthew},
	month = jun,
	year = {2014},
	pages = {221--247},
	file = {Miller_Osborne_2014_Spatial differentiation and price discrimination in the cement industry.pdf:C\:\\Users\\rich_\\Zotero\\storage\\WK7FFK2G\\Miller_Osborne_2014_Spatial differentiation and price discrimination in the cement industry.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\F3346P9P\\abstract.html:text/html}
}

@techreport{levin_high_2016,
	type = {Working {Paper}},
	title = {High {Frequency} {Evidence} on the {Demand} for {Gasoline}},
	url = {http://www.nber.org/papers/w22345},
	abstract = {Daily city-level expenditures and prices are used to estimate the price responsiveness of gasoline demand in the U.S. Using a frequency of purchase model that explicitly acknowledges the distinction between gasoline demand and gasoline expenditures, we consistently find the price elasticity of demand to be an order of magnitude larger than estimates from recent studies using more aggregated data. We demonstrate directly that higher levels of spatial and temporal aggregation generate increasingly inelastic demand estimates, and then perform a decomposition to examine the relative importance of several different sources of bias likely to arise in more aggregated studies.},
	number = {22345},
	urldate = {2016-06-20},
	institution = {National Bureau of Economic Research},
	author = {Levin, Laurence and Lewis, Matthew S. and Wolak, Frank A.},
	month = jun,
	year = {2016}
}

@article{kate_what_2005,
	title = {To {What} {Extent} are {Cost} {Savings} {Passed} on to {Consumers}? {An} {Oligopoly} {Approach}},
	volume = {20},
	issn = {0929-1261, 1572-9990},
	shorttitle = {To {What} {Extent} are {Cost} {Savings} {Passed} on to {Consumers}?},
	url = {http://link.springer.com.ezp-prod1.hul.harvard.edu/article/10.1007/s10657-005-4199-3},
	doi = {10.1007/s10657-005-4199-3},
	language = {en},
	number = {3},
	urldate = {2015-09-14},
	journal = {European Journal of Law and Economics},
	author = {Kate, Adriaan Ten and Niels, Gunnar},
	month = nov,
	year = {2005},
	keywords = {Oligopoly, Commercial Law, competition policy, cost pass-on, cost pass-through, Cournot, European Integration, Law and Economics, Public Finance \& Economics},
	pages = {323--337},
	file = {Kate_Niels_2005_To What Extent are Cost Savings Passed on to Consumers.pdf:C\:\\Users\\rich_\\Zotero\\storage\\ZIRWC5PR\\Kate_Niels_2005_To What Extent are Cost Savings Passed on to Consumers.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\TWF462U5\\s10657-005-4199-3.html:text/html}
}

@article{hastings_market_2005,
	title = {Market power, vertical integration and the wholesale price of gasoline},
	volume = {53},
	issn = {1467-6451},
	url = {http://onlinelibrary.wiley.com.ezp-prod1.hul.harvard.edu/doi/10.1111/j.1467-6451.2005.00266.x/abstract},
	doi = {10.1111/j.1467-6451.2005.00266.x},
	abstract = {This paper examines empirically the relationship between vertical integration and wholesale gasoline prices. We use discrete and differential changes in the extent of vertical integration generated by mergers in West Coast gasoline refining and retailing markets to test for incentives to raise rivals' costs. The research design allows us to test for a relationship between vertical integration and wholesale prices, controlling for horizontal market structure, cost shocks and trends. We find evidence consistent with the strategic incentive to raise competitors' input costs. This suggests that vertical integration can have a significant impact on wholesale prices.},
	language = {en},
	number = {4},
	urldate = {2013-11-16},
	journal = {The Journal of Industrial Economics},
	author = {Hastings, Justine and Gilbert, Richard J.},
	year = {2005},
	pages = {469--492},
	file = {Hastings_Gilbert_2005_Market power, vertical integration and the wholesale price of gasoline.pdf:C\:\\Users\\rich_\\Zotero\\storage\\VGBP23NB\\Hastings_Gilbert_2005_Market power, vertical integration and the wholesale price of gasoline.pdf:application/pdf;Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\J5CF2IRB\\abstract.html:text/html}
}

@article{borenstein_sticky_2002,
	title = {Sticky prices, inventories, and market power in wholesale gasoline markets},
	volume = {33},
	issn = {0741-6261},
	url = {http://www.jstor.org/stable/2696378},
	doi = {10.2307/2696378},
	abstract = {A model with costly adjustment of production and costly inventories implies that wholesale gasoline prices will respond with a lag to crude oil cost shocks. Unlike explanations that rely upon menu costs, imperfect information, or long-term buyer/seller relationships, this model also predicts that futures prices for gasoline will adjust incompletely to crude oil price shocks that occur close to the expiration date of the futures contract. We test and confirm this implication. Examining wholesale price responses in 188 gasoline markets, we also find that firms with market power adjust prices more slowly than do competitive firms, consistent with the model.},
	number = {1},
	urldate = {2013-12-09},
	journal = {The RAND Journal of Economics},
	author = {Borenstein, Severin and Shepard, Andrea},
	month = apr,
	year = {2002},
	pages = {116--139},
	file = {Borenstein_Shepard_2002_Sticky prices, inventories, and market power in wholesale gasoline markets.pdf:C\:\\Users\\rich_\\Zotero\\storage\\6CGECB79\\Borenstein_Shepard_2002_Sticky prices, inventories, and market power in wholesale gasoline markets.pdf:application/pdf}
}

@article{bachmeier_new_2003,
	title = {New evidence on asymmetric gasoline price responses},
	volume = {85},
	issn = {0034-6535},
	url = {http://dx.doi.org/10.1162/003465303322369902},
	doi = {10.1162/003465303322369902},
	abstract = {In a 1997 paper, Borenstein, Cameron, and Gilbert (BCG) claim that gasoline prices rise quickly following an increase in the price of crude oil, but fall slowly following a decrease. This note estimates an error-correction model with daily spot gasoline and crude-oil price data over the period 1985–1998 and finds no evidence of asymmetry in wholesale gasoline prices. The sources of the difference in results are twofold. First, we use the standard Engle-Granger two-step estimation procedure, whereas BCG used a nonstandard estimation methodology. Second, even using BCG's nonstandard specification, the use of daily rather than weekly data yields little evidence of price asymmetry.},
	number = {3},
	urldate = {2015-09-14},
	journal = {Review of Economics and Statistics},
	author = {Bachmeier, Lance J. and Griffin, James M.},
	month = aug,
	year = {2003},
	pages = {772--776},
	file = {Bachmeier_Griffin_2003_New evidence on asymmetric gasoline price responses.pdf:C\:\\Users\\rich_\\Zotero\\storage\\PZIMCRJZ\\Bachmeier_Griffin_2003_New evidence on asymmetric gasoline price responses.pdf:application/pdf;Review of Economics and Statistics Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\JEJ7MGGP\\003465303322369902.html:text/html}
}

@techreport{chesnes_asymmetric_2012,
	type = {Working {Paper}},
	title = {Asymmetric pass-through in {U}.{S}. gasoline prices},
	url = {http://papers.ssrn.com/abstract=1629340},
	abstract = {This paper presents new evidence of asymmetric pass-through, the notion that upward cost shocks are passed through faster than downward cost shocks, in U.S. gasoline prices. Much of the extant literature comes to seemingly contradictory conclusions about the existence of an asymmetry, though the differences may be due to different aggregation (both over time and geographic markets) and the use of different price series including crude oil, wholesale, and retail gasoline prices. I utilize a large and detailed dataset to determine where evidence of a pass-through asymmetry exists, and how it depends on the aggregation and price series chosen by the researcher.  Using the error correction model, I find evidence of pass-through asymmetry in the response of daily and weekly retail prices to wholesale rack price changes, though the magnitude varies by geographic market. On average, retail prices rise three to four times as fast as they fall.},
	number = {ID 1629340},
	urldate = {2015-09-14},
	author = {Chesnes, Matthew},
	month = sep,
	year = {2012},
	keywords = {Gasoline prices, Pass-Through},
	file = {Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\I95N44W3\\papers.html:text/html}
}

@techreport{sweeney_environmental_2015,
	type = {Working {Paper}},
	title = {Environmental regulation, imperfect competition and market spillovers: {The} impact of the 1990 {Clean} {Air} {Act} {Amendments} on the {U}.{S}. oil refining industry},
	author = {Sweeney, Richard L.},
	month = apr,
	year = {2015}
}

@techreport{hastings_wholesale_2009,
	type = {Working {Paper}},
	title = {Wholesale price discrimination and regulation: implications for retail gasoline prices},
	author = {Hastings, Justine},
	month = oct,
	year = {2009},
	file = {Hastings_2009_Wholesale price discrimination and regulation.pdf:C\:\\Users\\rich_\\Zotero\\storage\\9F27FUVF\\Hastings_2009_Wholesale price discrimination and regulation.pdf:application/pdf}
}

@techreport{federal_trade_commission_gasoline_2005,
	type = {Staff {Report}},
	title = {Gasoline {Price} {Changes}: {The} {Dynamic} of {Supply}, {Demand}, and {Competition}},
	url = {https://www.ftc.gov/reports/gasoline-price-changes-dynamic-supply-demand-competition-federal-trade-commission-report},
	author = {{Federal Trade Commission}},
	month = jul,
	year = {2005},
	file = {Federal Trade Commission_2005_Gasoline Price Changes.pdf:C\:\\Users\\rich_\\Zotero\\storage\\6MC926R8\\Federal Trade Commission_2005_Gasoline Price Changes.pdf:application/pdf}
}

@techreport{federal_trade_commission_petroleum_2004,
	type = {Staff {Report}},
	title = {The {Petroleum} {Industry}: {Mergers}, {Structural} {Change}, {And} {Antitrust} {Enforcement}},
	url = {https://www.ftc.gov/reports/petroleum-industry-mergers-structural-change-antitrust-enforcement-report-staff-federal},
	author = {{Federal Trade Commission}},
	month = aug,
	year = {2004},
	file = {Federal Trade Commission_2004_The Petroleum Industry.pdf:C\:\\Users\\rich_\\Zotero\\storage\\E9T7M3U7\\Federal Trade Commission_2004_The Petroleum Industry.pdf:application/pdf}
}

@techreport{muehlegger_gasoline_2006,
	type = {Working {Paper}},
	title = {Gasoline price spikes and regional gasoline content regulation: a structural approach},
	shorttitle = {Gasoline price spikes and regional gasoline content regulation},
	abstract = {This paper studies the degree to which gasoline price spikes in California, Illinois and Wisconsin over 1995 to 2001 can be explained by regulatory differentiation - gasoline sold in California, Illinois and Wisconsin is chemically different than gasoline sold in other locations as a result of local regulation supplementary to the Clean Air Act Amendments of 1990. I specify a structural model based on the production optimization problem of refiners and estimate wholesale prices for jet fuel, diesel and four blends of gasoline in each geographic market. I then simulate a counterfactual in which gasoline in the three states meets federal requirements. Comparing the results from the counterfactual to the initial model, allows me to distinguish the degree to which prices spikes in these markets are the result of regulatory differentiation, rather than geographic heterogeneity. I estimate that 72, 92 and 91 percent of price spikes created by refinery fires in California, Illinois and Wisconsin could be mitigated by compatibility with federal RFG standards. Moreover, I also quantify the effect of two other factors thought to increase gasoline prices, (i) changes in refinery ownership and (ii) limited expansion of domestic refining capacity.},
	urldate = {2013-01-11},
	author = {Muehlegger, Erich},
	month = apr,
	year = {2006},
	keywords = {Business and Government Policy, Economics - Microeconomics, Environment and Natural Resources, Regulation},
	file = {Muehlegger_2006_Gasoline price spikes and regional gasoline content regulation.pdf:C\:\\Users\\rich_\\Zotero\\storage\\7Z4GQHZF\\Muehlegger_2006_Gasoline price spikes and regional gasoline content regulation.pdf:application/pdf;SSRN Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\P2MCT6M8\\papers.html:text/html}
}

@article{brown_reformulating_2008,
	title = {Reformulating competition? {Gasoline} content regulation and wholesale gasoline prices},
	volume = {55},
	issn = {0095-0696},
	shorttitle = {Reformulating competition?},
	url = {http://www.sciencedirect.com/science/article/pii/S0095069607000642},
	doi = {10.1016/j.jeem.2007.04.002},
	abstract = {The 1990 Clean Air Act Amendments stipulated gasoline content requirements for metropolitan areas with air pollution levels above predetermined federal thresholds. The legislation led to exogenous changes in the type of gasoline required for sale across US metropolitan areas. This paper uses a panel of detailed wholesale gasoline price data to estimate the effect of gasoline content regulation on wholesale prices and price volatility. We investigate the extent to which the estimated price effects are driven by changes in the number of suppliers versus geographic segmentation resulting from regulation. We find that prices in regulated metropolitan areas increase significantly, relative to a control group, by an average of 3 cents/gal. The price effect, however, varies by 8 cents/gal across regulated markets and the heterogeneity across markets is correlated with the degree of geographic isolation generated by the discontinuous regulatory requirements.},
	number = {1},
	urldate = {2014-01-28},
	journal = {Journal of Environmental Economics and Management},
	author = {Brown, Jennifer and Hastings, Justine and Mansur, Erin T. and Villas-Boas, Sofia B.},
	month = jan,
	year = {2008},
	keywords = {Environmental content regulation, Gasoline wholesale prices},
	pages = {1--19},
	file = {Brown et al_2008_Reformulating competition.pdf:C\:\\Users\\rich_\\Zotero\\storage\\TZM4I5W5\\Brown et al_2008_Reformulating competition.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\CJVPXZGW\\S0095069607000642.html:text/html}
}

@article{borenstein_incidence_2014,
	title = {The incidence of an oil glut: {Who} benefits from cheap crude oil in the midwest?},
	volume = {35},
	issn = {01956574},
	shorttitle = {The {Incidence} of an {Oil} {Glut}},
	url = {http://www.iaee.org/en/publications/ejarticle.aspx?id=2547},
	doi = {10.5547/01956574.35.1.2},
	number = {1},
	urldate = {2015-05-05},
	journal = {The Energy Journal},
	author = {Borenstein, Severin and Kellogg, Ryan},
	month = jan,
	year = {2014},
	file = {Borenstein_Kellogg_2014_The incidence of an oil glut.pdf:C\:\\Users\\rich_\\Zotero\\storage\\GGNPZTGJ\\Borenstein_Kellogg_2014_The incidence of an oil glut.pdf:application/pdf}
}

@article{chesnes_impact_2015,
	title = {The impact of outages on prices and investment in the {U}.{S}. oil refining industry},
	volume = {50},
	issn = {0140-9883},
	url = {http://www.sciencedirect.com/science/article/pii/S0140988315001607},
	doi = {10.1016/j.eneco.2015.05.008},
	abstract = {This paper considers the effects of refinery outages (due to planned turn-arounds or unplanned events) on current petroleum product prices and future refinery investment. Empirical evidence on these relationships is mixed and highly dependent on the size and duration of the outage, the geographic area considered, the level of inventories available at the time of the outage, and the tightness of the market as measured by the capacity utilization rate. Using a detailed database of plant-level refinery outages for both upstream and downstream refining units, I estimate the effects of outages on product prices controlling for the crude oil price and the ability of operating plants to respond to the outage. I also consider the effect of current market profitability on the likelihood of planned refinery outages and the effects of high utilization rates and planned maintenance on the prospects for unplanned outages. I then use plant-level capacity data to analyze the effects of outages, profitability, and utilization rates on future investment decisions of the refinery.

Results based on probit and hazard models show that planned outages tend to occur during the spring and fall and during times of relatively low margins as measured by the crack spread, while unplanned outages are negatively associated with the capacity utilization rate. Price regressions show that atmospheric distillation and catalytic cracking outages are positively associated with gasoline prices and the association is stronger the higher is the utilization rate at the time of the outage. The relationship between both upstream and downstream investment and outages is mixed though refiners tend to invest less when nearby plants have made investments in the prior year. While causal relationships between outages, prices, and investment are difficult to estimate due to simultaneity and unobserved variables, these descriptive results show that outages are an important factor affecting refined product prices and future refinery investment.},
	urldate = {2015-08-15},
	journal = {Energy Economics},
	author = {Chesnes, Matthew},
	month = jul,
	year = {2015},
	keywords = {Gasoline prices, Oil refining},
	pages = {324--336},
	file = {Chesnes_2015_The impact of outages on prices and investment in the U.pdf:C\:\\Users\\rich_\\Zotero\\storage\\ISGTM67P\\Chesnes_2015_The impact of outages on prices and investment in the U.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\UPKSZRBC\\S0140988315001607.html:text/html}
}

@techreport{federal_trade_commission_gasoline_2011,
	type = {Staff {Report}},
	title = {Gasoline {Price} {Changes} and the {Petroleum} {Industry}: {An} {Update}},
	url = {https://www.ftc.gov/reports/federal-trade-commission-bureau-economics-gasoline-price-changes-petroleum-industry-update},
	author = {{Federal Trade Commission}},
	month = sep,
	year = {2011},
	file = {Federal Trade Commission_2011_Gasoline Price Changes and the Petroleum Industry.pdf:C\:\\Users\\rich_\\Zotero\\storage\\BAPJQSC6\\Federal Trade Commission_2011_Gasoline Price Changes and the Petroleum Industry.pdf:application/pdf}
}

@article{knittel_pass-through_2017,
	title = {The {Pass}-{Through} of {RIN} {Prices} to {Wholesale} and {Retail} {Fuels} under the {Renewable} {Fuel} {Standard}},
	volume = {4},
	issn = {2333-5955},
	url = {http://www.journals.uchicago.edu/doi/abs/10.1086/692071},
	doi = {10.1086/692071},
	abstract = {The US Renewable Fuel Standard (RFS) requires blending increasing quantities of biofuels into the surface vehicle fuel supply. The RFS requirements are met through a system of tradable permits called Renewable (fuel) Identification Numbers, or RINs. We exploit the large fluctuations in RIN prices during 2013–15 to estimate the pass-through of RIN prices to US wholesale and retail fuel prices. We control for common factors by examining spreads of physically similar fuels with different RIN obligations. Pooling six different wholesale petroleum fuel spreads, we estimate a pooled long-run or equilibrium pass-through coefficient of 1.00 with a standard error of 0.11. This pass-through occurs within two business days. The only fuel for which we find economically and statistically significant failure of pass-through is retail E85, which contains up to 83\% ethanol; the pass-through of RIN prices to the retail E85–E10 spread is precisely estimated to be close to zero.},
	number = {4},
	urldate = {2018-02-19},
	journal = {Journal of the Association of Environmental and Resource Economists},
	author = {Knittel, Christopher R. and Meiselman, Ben S. and Stock, James H.},
	month = mar,
	year = {2017},
	pages = {1081--1119},
	file = {Snapshot:C\:\\Users\\rich_\\Zotero\\storage\\ESXPM29M\\692071.html:text/html}
}

@article{stock_cost_nodate,
	title = {Cost {Pass}-{Through} to {Higher} {Ethanol} {Blends} at the {Pump}: {Evidence} from {Minnesota} {Gas} {Station} {Data}},
	shorttitle = {Cost {Pass}-{Through} to {Higher} {Ethanol} {Blends} at the {Pump}},
	author = {Stock, James H. and Li, Jing},
	file = {Cost Pass-Through to Higher Ethanol Blends at the Pump\: Evidence from Minnesota Gas Station Data | James Stock:C\:\\Users\\rich_\\Zotero\\storage\\MY8R7LRP\\cost-pass-through-higher-ethanol-blends-pump-evidence-minnesota-gas-station-data-0.html:text/html}
}

@report{CRSlifecycle,
	title = {Canadian Oil Sands: Life Cycle Assessments of Greenhouse Gas Emissions},
	url = {https://fas.org/sgp/crs/misc/R42537.pdf},
	number = {R41536},
	institution = {Congressional Research Service},
	author = {Lattanzio, Richard K.},
	date = {2014-03-10},
	year = {2014}
}

@article{aaronson2001price,
  title={Price pass-through and the minimum wage},
  author={Aaronson, Daniel},
  journal={Review of Economics and statistics},
  volume={83},
  number={1},
  pages={158--169},
  year={2001},
  publisher={MIT Press}
}

@article{aaronson2008minimum,
  title={The minimum wage, restaurant prices, and labor market structure},
  author={Aaronson, Daniel and French, Eric and MacDonald, James},
  journal={Journal of Human Resources},
  volume={43},
  number={3},
  pages={688--720},
  year={2008},
  publisher={University of Wisconsin Press}
}


@article{dube2010minimum,
  title={Minimum wage effects across state borders: Estimates using contiguous counties},
  author={Dube, Arindrajit and Lester, T William and Reich, Michael},
  journal={The review of economics and statistics},
  volume={92},
  number={4},
  pages={945--964},
  year={2010},
  publisher={MIT Press}
}

@article{basker2016does,
  title={Does the minimum wage bite into fast-food prices?},
  author={Basker, Emek and Khan, Muhammad Taimur},
  journal={Journal of Labor Research},
  volume={37},
  number={2},
  pages={129--148},
  year={2016},
  publisher={Springer}
}

@article{greenstone2002impacts,
  title={The impacts of environmental regulations on industrial activity: Evidence from the 1970 and 1977 clean air act amendments and the census of manufactures},
  author={Greenstone, Michael},
  journal={Journal of political economy},
  volume={110},
  number={6},
  pages={1175--1219},
  year={2002},
  publisher={The University of Chicago Press}
}

@article{walker2011environmental,
  title={Environmental regulation and labor reallocation: Evidence from the Clean Air Act},
  author={Walker, W Reed},
  journal={American Economic Review},
  volume={101},
  number={3},
  pages={442--47},
  year={2011}
}

@ARTICLE{MacKay2014-cc,
  title    = "Bias in reduced-form estimates of pass-through",
  author   = "MacKay, Alexander and Miller, Nathan H and Remer, Marc and Sheu,
              Gloria",
  journal  = "Economics Letters",
  volume   =  123,
  number   =  2,
  pages    = "200--202",
  month    =  may,
  year     =  2014,
  url      = "http://www.sciencedirect.com/science/article/pii/S0165176514000810",
  issn     = "0165-1765",
  doi      = "10.1016/j.econlet.2014.02.017"
}
